Gold:
US Dollar Index:
Gold:
US Dollar Index:
I’ve never been a gold basher bc many of the arguments from gold bugs always made some degree of sense (even if they us economy found a way to make them appear as perpetual fools). Right now however, they are looking right for a change.
However, that hyperbolic chart in gold looks like all markets do, right before they are done. Looks like somebody could eat a 20% retracement if buying hear, without the fundamental trend for gold being broken.
Good luck to anybody buying in tomorrow on the sudden “discovery” that gold is a good investment, or the brilliant “insight” that the US Financial Markets appear to be teetering on the brink of ruin, LOL.